Monthly Archives: March 2015



Record Price Tag expected for Grosvenor House Hotel

Posted on 3 March, 2015 by Kirsten Kennedy under Commercial Sales and Lets

When Sahara Grosvenor House Hospitality Limited paid a mammoth £470 million for the Grosvenor House Hotel back in 2010, it set a new record for the London hotel market and indicated that foreign investment into the capital was on the rise. However, it seems... Read More

Queensberry Real Estate announces Friars Walk opening date

Posted on by Kirsten Kennedy under Commercial Developments, Top Properties

Queensberry Real Estate’s Friars Walk retail and leisure destination is one of the most highly anticipated commercial developments currently ongoing in South Wales, with the 390,000 sq ft facility due to bring a number of new retailers to Newport. With work... Read More

Devon Resort set to become most Expensive Property in West Country

Posted on by Chris Grigorovsky under Commercial Sales and Lets

Gara Rock, a cliff-top resort near Salcombe on the Devon's ‘Gold Coast’, is set to become the most expensive property on the West Country market with an asking price of £8.5 million. The resort includes an 18 bedroom boutique hotel, a number of... Read More

Barwood targets Regional assets with £50m Fund

Posted on by Cliff Goodwin under Industry News

Barwood Capital — one of the UK’s leading real estate asset and investment managers — has launched a new £50m fund aimed at regional commercial property. With leverage and reinvested capital, the five-year fund will have an investment ceiling of... Read More

New Owner pledges ‘high level of investment’ in Scunthorpe Leisure Park

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Major regeneration projects continue to be a key feature of commercial property activity with Scunthorpe becoming the latest town to benefit from an upcoming retail and leisure redevelopment. This will take place at the Gallagher Leisure Park on Doncaster... Read More

Burton Business Park deal a significant step in Centurion’s evolution

Posted on by Cliff Goodwin under Commercial Sales and Lets

Industrial investor, Centurion Properties, has taken control of a leading Midlands business park. It paid £25m to buy the 33-acre complex near Burton from its original joint venture development partner TH Real Estate. Both partners originally acquired... Read More

Don’t miss out on Business Rates refunds urges Commercial Property Specialist

Posted on 2 March, 2015 by Chris Grigorovsky under Business News

Business rates are currently subject to widespread calls for reform, as highlighted by the recent open letter to the Chancellor from Hammerson boss David Atkins, which describes the system as anachronistic, opaque and no longer fit for purpose. In... Read More

British Land acquires Surrey Quays Leisure Park in £135 million deal

Posted on by Kirsten Kennedy under Commercial Sales and Lets

British Land has acquired the Surrey Quays Leisure Park from Aviva Investors in a deal worth a mammoth £135 million. Surrey Quays is one of Southwark’s premier leisure destinations and at present counts big name brands such as Odeon Cinemas, Frankie... Read More

Appointment of Contractor brings Westgate Oxford a step closer

Posted on by Kirsten Kennedy under Commercial Developments

The Westgate Oxford development is currently one of the most exciting upcoming retail projects in the country, with numerous potential tenants lining up to secure units in the £440 million complex. Today, the Westgate Oxford Alliance – a joint venture... Read More

Market Tech strengthens grip on Camden

Posted on by Cliff Goodwin under Commercial Sales and Lets

A company owned by Israeli billionaire and gambling tycoon Teddy Sagi, Market Tech (MT), has paid almost £100m for two London assets — effectively giving it control of a strategic island of Camden properties. Added to the ownership of another block... Read More